116
116
Jan 2, 2013
01/13
by
CNNW
tv
eye 116
favorite 0
quote 0
you're all important, all members of congress but you're a member of the leadership. how will you do things differently going forward with the debt ceiling debate, the sequester debate? >> i disagree with some of your earlier callers. we didn't have a downgrade because of the debt ceiling debate. we had it because we weren't dealing with our deficit. >> that's not entirely true -- >> that is entirely true -- >> it is actually isn't. i enjoy talking to you but it's not true. >> you can't have trillion dollar -- >> give me five minutes and i'll pull out s&p reports. i don't know as much about congress as you do but i do know about this. >> i can assure you when you're spending that much more than you're taking in, that's the cause of the problem and we have no creditable plan. the president, have i a lot of respect for him pip worked with him on this and worked with him tonight and i'm proud to do so. when you get a vote up here, when you have a democratic senate that can't produce a budget in three years. >> listen, i don't think the president is blameless and i don't
you're all important, all members of congress but you're a member of the leadership. how will you do things differently going forward with the debt ceiling debate, the sequester debate? >> i disagree with some of your earlier callers. we didn't have a downgrade because of the debt ceiling debate. we had it because we weren't dealing with our deficit. >> that's not entirely true -- >> that is entirely true -- >> it is actually isn't. i enjoy talking to you but it's not...
38
38
Jan 2, 2013
01/13
by
MSNBCW
tv
eye 38
favorite 0
quote 0
decides what to do about the automatic spending cuts that we have now delayed for two months. i want to make this point. as i have demonstrated throughout the past several weeks, i am very open to compromise. i agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we have to find ways to reform that program without hurting seniors who count on it to survive. i believe there is further unnecessary spending in government that we can eliminate. but, we can't simply cut our way to prosperity. cutting spending has to go hand in hand with for the reforms to our tax code so that the wealthiest corporations and individuals can't take advantage of loopholes and deductions that are available to most americans. and we can't keep cutting things like basic research and new technology and still expect to succeed in the 21st century economy. we are going to have to to continue to move forward with deficit reduction, but we have to make sure that we are growing even as we get a handle
decides what to do about the automatic spending cuts that we have now delayed for two months. i want to make this point. as i have demonstrated throughout the past several weeks, i am very open to compromise. i agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we have to find ways to reform that program without hurting seniors who count on it to survive. i believe there is further...
140
140
Jan 2, 2013
01/13
by
CNNW
tv
eye 140
favorite 0
quote 0
you're all important, all members of congress but you're a member of the leadership. how will you do things differently going forward with the debt ceiling debate, the sequester debate? >> i disagree with some of your earlier callers. we didn't have a downgrade because of the debt ceiling debate. we had it because we weren't dealing with our deficit. >> that's not entirely true -- >> that is entirely true -- >> it is actually isn't. i enjoy talking to you but it's not true. >> you can't have trillion dollar -- >> give me five minutes and i'll pull out s&p reports. i don't know as much about congress as you do but i do know about this. >> i can assure you when you're spending that much more than you're taking in, that's the cause of the problem and we have no creditable plan. the president, have i a lot of respect for him pip worked with him on this and worked with him tonight and i'm proud to do so. when you get a vote up here, when you have a democratic senate that can't produce a budget in three years. >> listen, i don't think the president is blameless and i don't
you're all important, all members of congress but you're a member of the leadership. how will you do things differently going forward with the debt ceiling debate, the sequester debate? >> i disagree with some of your earlier callers. we didn't have a downgrade because of the debt ceiling debate. we had it because we weren't dealing with our deficit. >> that's not entirely true -- >> that is entirely true -- >> it is actually isn't. i enjoy talking to you but it's not...
177
177
Jan 2, 2013
01/13
by
CNNW
tv
eye 177
favorite 0
quote 0
you're all important, all members of congress but you're a member of the leadership. how will you do things differently going forward with the debt ceiling debate, the sequester debate? >> i disagree with some of your earlier callers. we didn't have a downgrade because of the debt ceiling debate. we had it because we weren't dealing with our deficit. >> that's not entirely true -- >> that is entirely true -- >> it is actually isn't. i enjoy talking to you but it's not true. >> you can't have trillion dollar -- >> give me five minutes and i'll pull out s&p reports. i don't know as much about congress as you do but i do know about this. >> i can assure you when you're spending that much more than you're taking in, that's the cause of the problem and we have no creditable plan. the president, have i a lot of respect for him pip worked with him on this and worked with him tonight and i'm proud to do so. when you get a vote up here, when you have a democratic senate that can't produce a budget in three years. >> listen, i don't think the president is blameless and i don't
you're all important, all members of congress but you're a member of the leadership. how will you do things differently going forward with the debt ceiling debate, the sequester debate? >> i disagree with some of your earlier callers. we didn't have a downgrade because of the debt ceiling debate. we had it because we weren't dealing with our deficit. >> that's not entirely true -- >> that is entirely true -- >> it is actually isn't. i enjoy talking to you but it's not...
189
189
Jan 2, 2013
01/13
by
MSNBCW
tv
eye 189
favorite 0
quote 0
tax cuts pay for themselves. we don't have to worry about them. we will be welcome as liberators in iraq. we weren't. government regulated or run health care doesn't work. half of the people in this country get medicare and medicaid and va health care and one form or another. the best of them all, science is not proven. you hear those things and you just can't believe that in this case the republicans are believing what they say. this creates a wall of distrust and frustration that spills over. on the republican side, they listened to what democrats are saying and think the democrats are not necessarily trying to strengthen the economy by inv t investing in education and pandering to the voter. you get the clash of world views that is a major factor and probably the primary factor in congressional gridlock. >> sort of picking up on the point, there was an interesting piece a few weeks ago. he analyzed the election results and said there were two parallel americas that have taken place. the democrats of young voters and they are clustered tightly i
tax cuts pay for themselves. we don't have to worry about them. we will be welcome as liberators in iraq. we weren't. government regulated or run health care doesn't work. half of the people in this country get medicare and medicaid and va health care and one form or another. the best of them all, science is not proven. you hear those things and you just can't believe that in this case the republicans are believing what they say. this creates a wall of distrust and frustration that spills over....
158
158
Jan 2, 2013
01/13
by
FOXNEWSW
tv
eye 158
favorite 0
quote 0
cuts that we have now delayed two months. i want to make this point as i'm demonstrating throughout the past several weeks, i am very open to compromise. i agree with democrats and republicans that the aging population and rising cost of health care makes medicare biggest contributer to our deficit. i believe we've got to find ways to reform that program without hurting seniors who count on it to survive z i believe that there is further unnecessary spending in government that we can eliminate. but, we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reforms towards tax codes that wealthyest corporations and individuals can take advantage of loopholes and deductions that aren't available to most americans. and we can't keep cutting egg things like basic research, new technology and still expect to succeed in the 21 century economy. so we're going have to continue to move forward in deficit reduction, but we have to do knit a balanced way, making sure we're growing, as we get a handl
cuts that we have now delayed two months. i want to make this point as i'm demonstrating throughout the past several weeks, i am very open to compromise. i agree with democrats and republicans that the aging population and rising cost of health care makes medicare biggest contributer to our deficit. i believe we've got to find ways to reform that program without hurting seniors who count on it to survive z i believe that there is further unnecessary spending in government that we can eliminate....
175
175
Jan 2, 2013
01/13
by
MSNBCW
tv
eye 175
favorite 0
quote 0
spending by a trillion or no deal. >> last time i looked congress appropriated the money. it's bills passed due. >> which congress? the republican house of representatives all voted against that. the spending that's -- >> plenty of other money in there, though, this congress voted for, the house-led republicans went along with a lot of spending in the past two years. look, at this stage, john boehner could have had a deal a couple of weeks ago that would have included some modification on the c.p.i. for social security recipients, and the president said, as well, some adjustment against the wishes of his own party members, he was willing to talk about the raising the retirement edge, the eligibility age. >> democrats in senate said that was off the table, that was never a reality. second of all, we're in a position that we're dealing with spending cuts -- >> didn't john boehner reject a better deal from his values, according to his principles, that he ended up -- he then ended up finally leading the house to vote for last night? >> no, because last night was not a final de
spending by a trillion or no deal. >> last time i looked congress appropriated the money. it's bills passed due. >> which congress? the republican house of representatives all voted against that. the spending that's -- >> plenty of other money in there, though, this congress voted for, the house-led republicans went along with a lot of spending in the past two years. look, at this stage, john boehner could have had a deal a couple of weeks ago that would have included some...
124
124
Jan 2, 2013
01/13
by
MSNBCW
tv
eye 124
favorite 0
quote 0
that's when the temporary delay on domestic and military spending cuts expires and when congress must raise the $16.4 trillion debt ceiling limit to avoid default. >> save your powder for the debt ceiling fight. we have leverage at the debt ceiling to make this president face up to the fact that we're spending our way into oblivion. >> last night, the president warned republicans not to use the debt ceiling as a bargaining chip. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> nbc's kelly o'donnell is live on capitol hill. and nbc's mike viqueira joins us from the white house. kelly, let's start with you. you look remarkably well for what i can only mablg has been a rough last couple of days. >> oh, you're kind, chris, thank you. >> we rolled out kind of a basic nuts and bolts of the deal. give me a sense on what the mood is, how people are feeling? do people feel republicans won, democrats won? is there a winner in something like this? who got what they want
that's when the temporary delay on domestic and military spending cuts expires and when congress must raise the $16.4 trillion debt ceiling limit to avoid default. >> save your powder for the debt ceiling fight. we have leverage at the debt ceiling to make this president face up to the fact that we're spending our way into oblivion. >> last night, the president warned republicans not to use the debt ceiling as a bargaining chip. >> while i will negotiate over many things, i...
260
260
Jan 2, 2013
01/13
by
CNNW
tv
eye 260
favorite 0
quote 0
the other thing is the spending cuts that you mentioned, they're only now averted for two months so congress has to deal with that and then the other thing is there's sort of a chunk of things that congress wants to deal with that the president wants to deal with that they'll attach to the things that have these hard and fast deadlines dealing with the long-term fiscal health of the country through entitlement reform, social security and medicare and tax reform. it is a lot to accomplish in the next couple of months >> as we look toward, down that long road, tell me, brianna, some of the winners and losers from this whole thing. >> this is obvious some of the losers are obvious, if you earn $450,000 or more than that you'll see your taxes take a hit, $400,000 for individuals. if you itemize deductions and making as a couple $300,000 or more or as an individual, $250,000 or more, you will see your pay take or your income take a hit there. you'll see that, but there are also some winners that maybe you didn't know about. for instance the milk, sugar and peanut producers, they have a tax break
the other thing is the spending cuts that you mentioned, they're only now averted for two months so congress has to deal with that and then the other thing is there's sort of a chunk of things that congress wants to deal with that the president wants to deal with that they'll attach to the things that have these hard and fast deadlines dealing with the long-term fiscal health of the country through entitlement reform, social security and medicare and tax reform. it is a lot to accomplish in the...
188
188
tv
eye 188
favorite 0
quote 0
tax cuts. to avoid this fiscal cliff, congress essentially set up new ones. in just two months, they're going to have to deal with automatic spending cuts they put off, and there's going to be a nasty fight over the debt ceiling. john and paula, back to you. >> so basically they just worked out the tax code here. they've got the spending cuts coming up in the next couple of months. but republicans in the house didn't really like it. they voted just about 2-1 against it. but this gives them a little leverage coming up when they start negotiating for the spending cuts. i thought it was interesting, two that did vote for it, the speaker of the house, john boehner, and former vice presidential candidate paul ryan voted for the bill. against it, marco rubio. so that sets up a nice dynamic for 2016. >> no doubt about it. to put it very simple, they kicked the can down the road a little bit. we're going to catch back up with it and deal with it again. >> one other quick note, i think everybody will ta
tax cuts. to avoid this fiscal cliff, congress essentially set up new ones. in just two months, they're going to have to deal with automatic spending cuts they put off, and there's going to be a nasty fight over the debt ceiling. john and paula, back to you. >> so basically they just worked out the tax code here. they've got the spending cuts coming up in the next couple of months. but republicans in the house didn't really like it. they voted just about 2-1 against it. but this gives...
206
206
Jan 2, 2013
01/13
by
CURRENT
tv
eye 206
favorite 0
quote 0
this is a pure creation of congress. >> bill: total. they came up with the sequester, this whole crazy idea now they cannot find their way out of it. they have actually said we want america to fail. if we don't get tax cuts for our millionaires and billionaires we'll let the economy tank. i have to tell you if this gang -- if people like this were head of any business they say they are the -- the republican party is the party of business bs. if any business were one that way, the whole gang would have been fired a long time ago. >> yeah. imagine if you worked in a warehouse and you said okay here is my plan i'm going to go through this warehouse and break all of these jars that we have on the shelf. okay, well what is your plan to clean the mess up? i don't know. >> bill: yeah, i don't have a plan and i don't care. what can we do about this congress. i feel embarrassed to be in washington, d.c. today. thank god i'm not a member of congress. ♪ >> announcer: heard around the country and seen on current tv this is the "bill press show."
this is a pure creation of congress. >> bill: total. they came up with the sequester, this whole crazy idea now they cannot find their way out of it. they have actually said we want america to fail. if we don't get tax cuts for our millionaires and billionaires we'll let the economy tank. i have to tell you if this gang -- if people like this were head of any business they say they are the -- the republican party is the party of business bs. if any business were one that way, the whole...
184
184
Jan 2, 2013
01/13
by
CNBC
tv
eye 184
favorite 0
quote 0
kicking the can on automatic spending cuts set to take effect two months from now. joining us, the chairman of the senate republican policy committee. welcome. thank you for being here a day after. we temporarily averted where we were going. in terms of this debate and the debt ceiling and sequester, do you anticipate us trying to do this at one time and debt ceiling? is there a grand bargain still to be had? >> there needs to be a focus on cutting spending. you're absolutely right when you talk about the secretary of treasury having some ability to move that debt ceiling final deadline debate this way or that way. bottom line, the president talked about the debt ceiling, said he's not going to argue with congress again over bills they've racked up, let me remind the president and viewers, those are bills related to his so-called stimulus package which spent a lot of money and i believe has been a failure and his health care law. i will tell you as a doctor it is unworkable and continues to be very unpopular and unaffordable. these are the president's bills. it's a
kicking the can on automatic spending cuts set to take effect two months from now. joining us, the chairman of the senate republican policy committee. welcome. thank you for being here a day after. we temporarily averted where we were going. in terms of this debate and the debt ceiling and sequester, do you anticipate us trying to do this at one time and debt ceiling? is there a grand bargain still to be had? >> there needs to be a focus on cutting spending. you're absolutely right when...
122
122
Jan 2, 2013
01/13
by
FOXNEWSW
tv
eye 122
favorite 0
quote 0
cuts some say would threaten to trigger another recession if they all happened at the same time. but the bill just delays the cuts for two more months and we'll do this all over again. the congressional budget deal will add 4 trillion to the deficit. 4 trillion. despite all the back and forth on the income tax debate, at that,s will go up anyway on nearly every american worker. because the bill allows the payroll tax holiday to expire. chem cats -- democrats and republicans fought hard both sides agree it doesn't solve the country's long-term fiscal problems. >> let's send a message to the american people, again while this bill doesn't accomplish all we need to do to grow the economy, reduce the deficit and strengthen the middle class, it is a good way for us to have a happy start to a new year. by taking this first step. >> the fact is that republicans stand for smaller government and fiscal responsibility. there was nothing last night that was physically responsible. it was all maintaining, if you will the status quo of kick the can down the road. jenna: the president is set to
cuts some say would threaten to trigger another recession if they all happened at the same time. but the bill just delays the cuts for two more months and we'll do this all over again. the congressional budget deal will add 4 trillion to the deficit. 4 trillion. despite all the back and forth on the income tax debate, at that,s will go up anyway on nearly every american worker. because the bill allows the payroll tax holiday to expire. chem cats -- democrats and republicans fought hard both...
204
204
Jan 2, 2013
01/13
by
CNNW
tv
eye 204
favorite 0
quote 0
so tell us more about what is not included in this deal and what battles are now looming in congress. >> let's say first what is in the deal that is important to note. and that is that when you're talking about these tax cuts that have been extended for people making $3450,000 or less as a couple $400,000 or less as an individual, they're prmly extended. so that's pretty significant because that isn't just some stop gap one year, two year measure. the issues that aren't tackled are what the fiscal cliff was supposed to serve as an incentive to do and that is dealing with the fiscal health of the country. entitlement reform, tax reform. social security, medicare, making those cost less over time. and also of course the debt ceiling isn't dealt with and that means that we'll have a messy couple of months. >> and we have an added element here. new congress taking on these battles. more democrats in the house and senate. how might the incoming crew affects the next negotiations that will happen? >> i don't think it actually is going to affect it even though there are more democratic seats
so tell us more about what is not included in this deal and what battles are now looming in congress. >> let's say first what is in the deal that is important to note. and that is that when you're talking about these tax cuts that have been extended for people making $3450,000 or less as a couple $400,000 or less as an individual, they're prmly extended. so that's pretty significant because that isn't just some stop gap one year, two year measure. the issues that aren't tackled are what...
166
166
Jan 2, 2013
01/13
by
CNNW
tv
eye 166
favorite 0
quote 0
in exchange for the cuts on spending. but the president delivers a stern warning. >> while i will negotiate over many things i will not another debate with this congress over whether or not they should pay the bills that they already wracked up with the laws that they passed. >> the president says another debt ceiling debate would be worse than the fiscal cliff. the president, as he pointed out, here in hawaii on the first day back, part two of his vacation, the president went to the gym and on the gulf course and released a youtube video defending the deal. take a listen. >> every since i took office my preference was to reach a bigger agreement to balance the debt in a responsible way, and instead we are solving the problem in several steps. >> reporter: what is still unclear is how or when the president will sign that fiscal cliff deal. it could be auto penned or flown out here, but what is clear is the president said she will sign it. >> the president got involved in the funding of the victims of the super storm sandy
in exchange for the cuts on spending. but the president delivers a stern warning. >> while i will negotiate over many things i will not another debate with this congress over whether or not they should pay the bills that they already wracked up with the laws that they passed. >> the president says another debt ceiling debate would be worse than the fiscal cliff. the president, as he pointed out, here in hawaii on the first day back, part two of his vacation, the president went to...
242
242
Jan 2, 2013
01/13
by
MSNBCW
tv
eye 242
favorite 0
quote 0
. >> we've got congress and the president talking about cutting maybe $2.4 trillion. it's woefully inadequate. simpson bowles tried to get $4 trillion. >> right. >> i don't see any significant cuts coming that will actually pay down the debt? >> we're only halfway through and we've had the tax side and now going to the spending side. the original gain was about $4 trillion. we got about $1 trillion in 2010, where's the other $2.5 trillion? i agree with you, we're not going to get all the way there. if we get another trillion, say, in the debt ceiling negotiations, it will still be quite a big deal over the last two years and be enough to bring the deficit down to perhaps 3, 4% of gdp over ten years. a lot of it depends on how the economy goes. that's the things about all these -- trying to project the deficit into 2020, i don't believe any of it. it all depends on whether the economy grows 2%, 3%, 4%. in 2000, we were talking about not having any deficit whatsoever. suddenly the economy goes into recession and you've got an enormous deficit. a lot depends on how the e
. >> we've got congress and the president talking about cutting maybe $2.4 trillion. it's woefully inadequate. simpson bowles tried to get $4 trillion. >> right. >> i don't see any significant cuts coming that will actually pay down the debt? >> we're only halfway through and we've had the tax side and now going to the spending side. the original gain was about $4 trillion. we got about $1 trillion in 2010, where's the other $2.5 trillion? i agree with you, we're not...